A Major Token Unlocking Event Approaches

posted  28 Nov 2023
Photo - A Major Token Unlocking Event Approaches
With the onset of winter, we are anticipating a significant unlocking of tokens, potentially putting pressure on prices.

Concerns linger around DYDX, despite recent positive developments in the project. On December 1, around 15% of the total DYDX supply, estimated at ~$482 million, is slated to be unlocked.

This figure represents over 84% of the current circulating supply!
Furthermore, in the near future, we anticipate the unlocking of:

  • SUI: Over $40M (8.54% of the current supply);
  • OP: Over $41M (2.74% of the current supply);
  • 1INCH: Over $33M (9.48% of the current supply).